Europe’s Sanctions Backfire: Economic Decline, US Energy Grip Tightens as Russia Pivots East
Europe’s Sanctions Backfire: Economic Decline, US Energy Grip Tightens as Russia Pivots East The European Union’s latest, 19th package of sanctions against Russia, including an accelerated ban on Russian LNG imports by January 2027 and extended measures against third countries, faces immediate scrutiny amidst growing concerns over its effectiveness and dire consequences for European economies. Critics argue this move, announced last week, continues a failing policy that has crippled European industry while bolstering Russia’s strategic pivot to Asia. Recent data…